Compute the discounted payback statistic for Project C if the appropriate cost of capital is 8 percent and the maximum allowable discounted payback period is three years. (Do not round Intermedlate calculatlons and round your final answer to 2 decimal places,) Project C Time: Cash flow: 1 2. 4 -$2,100 $920 $810 $850 $520 $320 Discounted payback period уears Should the project be accepted or rejected? О аcсеpted O rejected

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Compute the discounted payback statistic for Project C if the appropriate cost of capital is 8 percent and the maximum allowable
discounted payback period is three years. (Do not round Intermedlate calculatlons and round your final answer to 2 declmal
places.)
Project C
Tine:
Cash flow:
2.
$810
4
$520
15.
-$42,180
$850
$320
Discounted payback penod
years,
Should the project be accepted or rejected?
accepted
Orejected
Transcribed Image Text:Compute the discounted payback statistic for Project C if the appropriate cost of capital is 8 percent and the maximum allowable discounted payback period is three years. (Do not round Intermedlate calculatlons and round your final answer to 2 declmal places.) Project C Tine: Cash flow: 2. $810 4 $520 15. -$42,180 $850 $320 Discounted payback penod years, Should the project be accepted or rejected? accepted Orejected
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